Suburb Profile Report for Bowen QLD (4805)

Bowen House: Median price $335,000, Annual capital growth 5.93%, Number of sales 79, Weekly median advertised rent $295

Bowen Unit: Median price $200,000, Annual capital growth 7.35%, Number of sales 26, Weekly median advertised rent $285

  • House
  • Unit
Source: RP Data
  • Median price
  • Number of sales

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  • House Report
  • Unit Report

Investment property in Bowen has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.22%

The five-year average increase in median property values for Bowen,4805 has given property investors a potential capital gain of -6.94% across each of those five years.

Property buyers and investors in Bowen 4805 should be seeing an average reduction in asking price of around -11.46% . This means that Bowen is holding prices well when compared to other suburbs in QLD.

In the last year 79 properties changed hands in Bowen, which puts it as the 297th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $295 and the average annual increase in value of a median property of 5.93%, investors should hope to achieve an overall return of 4.58%

Property investors who have had real estate in Bowen, 4805 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%

Bowen,4805 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.

Bowen is 23th on a list of best yielding suburbs for rents in QLD with a 7.41% return

HOUSE UNIT
$335,000 $200,000
-6.94% N/A
-8.22% 0.00%
-4.29% 26.58%
-6.94% -33.33%
5.93% 7.35%
$295 $285
79 26
4.58% 7.41%
119.5 N/A
Source: RP Data
DSR Score for property investment : Very poor (U), Very poor (H)
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Demographics
Total population 10260
Median household income ($/weekly) 1100
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1295 12.6
    25-34 years 1321 12.9
    35-44 years 1252 12.2
    45-54 years 1521 14.8
    55-64 years 1411 13.8
    Others 3461 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 3235 47.0
    Not Married 2756 40.0
    Defacto Relationship 894 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 7838 85.8
    Lebanon 143 1.6
    Papua New Guinea 274 3.0
    United Kingdom 280 3.1
    Other 179 2.0
    Others 421 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 1.1
    Christianity 6562 74.9
    Hinduism 9 0.1
    Islam 35 0.4
    No Religion 2043 23.3
    Others 18 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 405 12.7
    $600-$799 330 10.4
    $800-$999 300 9.4
    $1,250-$1,499 280 8.8
    $1,500-$1,999 377 11.9
    Others 1485 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3170 42.7
    Not in the labour force 2457 33.1
    Employed, worked part-time 1214 16.4
    Employed, away from work 326 4.4
    Unemployed, looking for work 255 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 583 12.4
    Technicians & trades workers 797 16.9
    Clerical & administrative workers 489 10.4
    Machinery operators & drivers 562 11.9
    Labourers 1005 21.3
    Others 1272 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 83 5.0
    Infants/Primary 795 48.3
    Secondary 489 29.7
    Technical or Further Educational Institution 169 10.3
    University or other Tertiary Institutions 68 4.1
    Others 42 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7701 86.7
    Semi-detached, row or terrace house, townhouse 207 2.3
    Flat, unit or apartment 591 6.7
    Caravan, cabin, houseboat 333 3.8
    Improvised home, tent, sleepers out 45 0.5
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1324 38.0
    Fully owned 1209 34.7
    Being purchased 930 26.7
    Other tenure type 19 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals